$1,299,000
Available - For Sale
Listing ID: X12263366
75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka
| Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use asset delivers $93,974 in gross annual income and a solid 4.61% cap rate at list price. Featuring five distinct revenue streams: two street-front retail spaces and three residential suites (including one municipally subsidized unit) it produces over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The commercial storefront enjoys premium curb appeal and heavy foot traffic, while the fully occupied apartments offer stability with one below-market unit presenting an immediate value-add for its next owner. Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. Detailed, unit-by-unit financials are available upon request. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity! |
| Price | $1,299,000 |
| Taxes: | $7820.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka |
| Postal Code: | P1L 2B2 |
| Province/State: | Muskoka |
| Legal Description: | PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE |
| Directions/Cross Streets: | Taylor / Manitoba St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 12716.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL Realty Inc., Brokerage |
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At a Glance:
| Type: | Com - Investment |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Macaulay |
| Tax: | $7,820 |
| Fireplace: | N |
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